C
corkboi
Guest
I will have €18,000 to invest and am sizing up my options.
I think Anglo have the best rates at the moment. I've just a question though, should I
A) put the money into my current account and set up a standing order from this account to electronically transfer the maximum €1,000 per month for the 1 year fixed term in order to receive the 8% gross/AER variable (no idea what this means by the way) OR
B) invest the whole sum in the 6 month fixed term for 6 months.
I'm not well up on money matters and don't know what is the better outcome.
If anyone has an alternative solution for this money which will return better interest, please let me know.
Regards,
S
I think Anglo have the best rates at the moment. I've just a question though, should I
A) put the money into my current account and set up a standing order from this account to electronically transfer the maximum €1,000 per month for the 1 year fixed term in order to receive the 8% gross/AER variable (no idea what this means by the way) OR
B) invest the whole sum in the 6 month fixed term for 6 months.
I'm not well up on money matters and don't know what is the better outcome.
If anyone has an alternative solution for this money which will return better interest, please let me know.
Regards,
S